Meta eyes major layoffs as AI spending drive prompts restructuring

Meta eyes major layoffs as AI spending drive prompts restructuring

 Meta eyes major layoffs as AI spending drive prompts restructuring  Meta has reportedly planned a major workforce reduction that could affect 20% or more of its roughly 79,000 employees. This significant move would result in over 15,000 job losses- the largest in the company’s history. The company seeks to offset costly artificial intelligence infrastructure bets…